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Preparing your educational journey
Tuition EUR 11,700 (Tuition (Year)) — International students; EUR 7,800 (Tuition (Year)) — EU/EEA students
Degree Master
Duration 12 months
Delivery On-campus
Location Madrid, Spain
Language English

Program Overview

The Economics at Carlos III University of Madrid is a Master programme in Business & Management over 12 months, delivered On-campus. This programme equips graduates with advanced knowledge and practical skills for professional and academic careers in the field.

Students gain a rigorous grounding in both the theoretical foundations and applied dimensions of business & management. The programme combines coursework, research components, and practical projects that develop critical thinking, problem-solving, and specialist expertise relevant to industry and research needs.

Graduates of the Economics programme are well-prepared for careers in academia, industry, government, and the private sector across Spain and internationally. The programme provides an internationally recognised qualification within the Bologna higher education framework.

Key Program Features

  1. Duration: 12 months
  2. Language of instruction: English
  3. Study mode: On-campus
  4. English requirement: IELTS 6.5
  5. Tuition: EUR 11,700 (Tuition (Year)) — International students; EUR 7,800 (Tuition (Year)) — EU/EEA students
  6. Location: Madrid, Spain

Career Opportunities

Graduates of the Economics programme are prepared for diverse careers in business & management:

  1. Business Analyst
  2. Management Consultant
  3. Product Manager
  4. Strategy Analyst
  5. Operations Manager
  6. Entrepreneur

Program Curriculum

Course Structure

  1. Microeconomics I
  2. Macroeconomics I
  3. Econometrics I
  4. Game Theory
  5. Industrial Organization I
  6. Development Economics
  7. Business and Finance I
  8. Mathematics
  9. Microeconomics II
  10. Macroeconomics II
  11. Econometrics II
  12. Choose 1 elective courses:
  13. Cost-Benefit Analysis
  14. Industrial Organization II
  15. Business and Finance II
  16. Microeconometrics
  17. Master Thesis

Admission Requirements

Academic Requirements

Applicants must possess the equivalent of a bachelor\xc2\x92s degree (three or more years of studies at an official university). Students in the last year of their studies may apply and receive admission conditional on successful completion of their Bachelor\xc2\x92s program.

Proof of full command of written and spoken English is required -- Cambridge Proficiency Certificate (A-C level), First Certificate of English from Cambridge ESOL Examinations (A level), TOEFL (minimum 80 points), International English Language Testing System del British Council (6,5 level). This requirement will be waved for students whose native language is English or who obtained a degree from a university in which English is the working language.

English Proficiency: IELTS 6.5 or equivalent.

Tuition & Financial Information

Tuition Fee

EUR 11,700 (Tuition (Year)) — International students; EUR 7,800 (Tuition (Year)) — EU/EEA students

Tuition fees: EUR 11,700 (Tuition (Year)) — International students; EUR 7,800 (Tuition (Year)) — EU/EEA students

IELTS requirement: 6.5

Financial Aid & Scholarships

Contact Carlos III University of Madrid directly for scholarship, grant, and financial aid information for this programme. Many European universities offer merit-based and need-based funding for international and domestic students.

About Carlos III University of Madrid

Carlos III University of Madrid logo

Carlos III University of Madrid

Madrid, Spain

University Charles III of Madrid (UC3M) is a public university in the Community of Madrid, Spain. Established in 1989, UC3M is an institution with a distinctly international profile. It offers a...

University Profile
  • Start Date 2018-09-01
  • Language English
  • Duration 12 months